【$ETH Signal】Pullback to buy, main force's bottom support intention exposed

$ETH 1H timeframe just completed a quick rally, but buying orders around 2248 showed a gap, and the price slightly retreated. The 4H price remains firmly above the EMA20, with the middle band of the Bollinger Bands forming strong support. Current order book depth shows sell order at 2242.86 with 66.17 contracts, buy order at 2242.85 with 44.81 contracts, and fierce confrontation between bulls and bears near the current price. However, buy orders significantly increase in the 2242.7 to 2242.6 range below, fully exposing the capital support intention.

🎯Direction: Long

⚡Entry/Order placement: Gradually accumulate in the 2211.1 - 2231.3 range

🛑Stop loss: 2148.1

🚀Target 1: 2337.1

🚀Target 2: 2400.1

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

The 1H MACD histogram is contracting, but the fast and slow lines remain above the zero axis, indicating a normal consolidation during an uptrend. The 4H MACD has formed a golden cross and continues to expand, with trend momentum intact. The negative funding rate provides additional safety margin for bulls, reducing the risk of a short squeeze. Under this structure, a pullback to the confluence zone of the 1H EMA50 and the 4H Bollinger Band middle line is a highly cost-effective entry opportunity. The risk-reward ratio exceeds 1:1, making it worth a try.

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